Health & Fitness
Fri, August 31, 2012
MONTERREY, Mexico--([ BUSINESS WIRE ])--Fitch Ratings has published a New Issue Report on TFOVIS 12-3U.
This Unidades de Inversion (UDI) 1,015.4 million transaction is the third securitization of 2012 by Fondo de Vivienda del Instituto de Seguridad y Servicios Sociales de los Trabajadores del Estado (FOVISSSTE). This transaction is denominated in UDIs and is part of the MXP 19 billion program authorized by Comision Nacional Bancaria y de Valores (CNBV) in 2012.
The report provides a detailed and up-to-date perspective on key credit characteristics of the TFOVIS 12-3U transaction, such as the quality of the mortgage portfolio, credit enhancement, underwriting and servicing capabilities of the originator, as well as the financial and legal structure of the transaction.
For more information please refer to the Presale Report on TFOVIS 12-3U.
The report and the press release are available at '[ www.fitchratings.com ]'.
Additional information is available at '[ www.fitchratings.com ]'.
Applicable Criteria and Related Research: TFOVIS 12-3U
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=687758 ]
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